Mideast Stocks: Factors to watch on June 23

Tech leads tentative rally as Powell soothes markets

  
A general view shows the Dubai Financial Market after Joe Biden wins U.S. presidency, in Dubai, United Arab Emirates November 8, 2020.

A general view shows the Dubai Financial Market after Joe Biden wins U.S. presidency, in Dubai, United Arab Emirates November 8, 2020.

REUTERS/Christopher Pike

DUBAI - Here are some factors that may affect Middle East stock markets on Wednesday. Reuters has not verified the press reports and does not vouch for their accuracy.

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-Tech leads tentative rally as Powell soothes markets  

* Oil resumes climb on large U.S. oil stocks drawdown  

* PRECIOUS-Gold ticks up after Powell pledges not to raise rates quickly  

* MIDEAST STOCKS-Major Gulf markets gain as financial shares rise  

* Saudis who killed journalist Khashoggi received paramilitary training in U.S. -New York Times 

* Bahrain has invited Qatar twice for bilateral al-Ula talks - ministry  

* Sovereign fund PIF considers Saudi Telecom stake sale, sources say  

EGYPT

* Egypt eyes surge in fintech investment after new laws 

* Egypt's strategic vegoil reserves at 6-1/2 months of consumption  

* Egypt's GASC buys 73,500 T of vegoils at international tender  

SAUDI ARABIA

* Saudi finance minister issues license for STC and Saudi Digital banks -cabinet  

* Gulf buy now, pay later firm Tabby secures $50 mln in debt  

* Saudi central bank extends deferred payment program for SMEs  

* Saudi central bank extends deferred payment program for SMEs 

* SABIC Board Proposes 1.75 Riyals/Share H1 Dividend  

UNITED ARAB EMIRATES

* Trafigura, Mubadala to launch sale of Spanish copper miner MATSA  

* Dubai says $500 mln bond repayment reflects fiscal stability  

* DAMAC founder delays bid to go private pending regulator's review 

* Central Bank Of UAE Governor And Bank CEOs Discuss Continued Support To UAE Economy  

* UAE's Fujairah marine fuel sales slip to a 2-month low in May - Platts data  

* Abu Dhabi opens up free COVID-19 vaccines to tourists  

* Dubai's investment arm ICD records full year loss of 15.50 billion dirhams  

QATAR

* Qatar Airways set on launching new Airbus or Boeing cargo jet  

* Qatari investor in Deutsche Bank says European lenders should merge  

* Qatar to tap debt markets only on 'opportunistic' basis this year - minister 

KUWAIT

* Kuwait assembly backs budget but political feud rumbles on  

(Compiled by Dubai newsroom) ((dubai.newsroom@thomsonreuters.com))


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